2026-06-28: Google Limits Meta's Gemini Access Amid AI Compute Shortages

Google has restricted Meta's access to its Gemini platform due to ongoing AI compute shortages, impacting Meta's AI projects. The Bank for International Settlements warns that the surge in AI investments could lead to credit stress and potentially trigger a global recession. Meanwhile, an AI-generated book using Julien Blanc-Gras's name raises concerns about identity theft and authorship. Other stories include China's advancements in AI models, Apple's block on Russian apps, and AI's role in uncovering ancient texts. Read the full news brief: https://metacurate.io/briefs/daily/2026-06-28